Total amount raised
$320.6 Millions
Latest funding date
September, 2015
Location
InMobi has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The company continues to innovate in the mobile advertising space, offering a range of consumer and advertising platforms.
Keep reading to explore the intricacies of InMobi's fundraising journey and the investors backing this dynamic platform.
What Is InMobi?
InMobi, founded in January 2007, is headquartered in Bengaluru, Karnataka, India. The company was established by Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, and Piyush Shah.
InMobi specializes in mobile advertising, offering services that include campaign management, advertisement creation, and real-time performance reports. They also provide monetization strategies for advertisers and publishers.
With a workforce of 501-1000 employees, InMobi continues to innovate in the digital advertising space, aiming to redefine mobile experiences for consumers and businesses alike.
How Much Funding Has InMobi Raised?
- Angel Round
- Amount Raised: $500K
- Date: January 2007
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to kickstart the company and develop its mobile advertising platform.
- Series A
- Amount Raised: $7.1M
- Date: January 2008
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and scale the platform's capabilities.
- Series B
- Amount Raised: $8M
- Date: July 2010
- Lead Investors: Kleiner Perkins, Sherpalo Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and expand market reach.
- Series C
- Amount Raised: $200M
- Date: September 2011
- Lead Investors: SoftBank Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate global expansion and invest in technology development.
- Debt Financing
- Amount Raised: Not publicly disclosed
- Date: January 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational costs and strategic initiatives.
- Venture Round
- Amount Raised: $5M
- Date: December 2014
- Lead Investors: SoftBank Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and enhance market presence.
- Debt Financing
- Amount Raised: $100M
- Date: September 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund AI development and potential acquisitions.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2019
- Lead Investors: Lightbox
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and innovation in mobile advertising.
- Debt Financing
- Amount Raised: ₹8.4B
- Date: September 2024
- Lead Investors: Mars Growth Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI capabilities and prepare for an IPO.
InMobi has raised a total of $320.6M in funding. The current valuation is not publicly disclosed.
Key Investors
- Mars Growth Capital
- Details: Mars Growth Capital is a joint venture between MUFG and Liquidity Group. It focuses on providing advanced financing solutions to fintech, SaaS, and e-commerce businesses in Southeast Asia, the Pacific, and Europe.
- Investment Focus Areas: Fintech, SaaS, E-commerce
- Notable Investments: InMobi
- SoftBank Capital
- Details: SoftBank Capital is a venture capital firm that invests in early and growth-stage companies. It is part of the larger SoftBank Group, known for its significant investments in technology and telecommunications.
- Investment Focus Areas: Technology, Telecommunications, Consumer Technology
- Notable Investments: InMobi, Paytm, Ola Electric
- Kleiner Perkins
- Details: Kleiner Perkins is a venture capital firm based in Silicon Valley. It has a long history of investing in early-stage technology and life sciences companies.
- Investment Focus Areas: Technology, Life Sciences, Clean Technology
- Notable Investments: Google, Amazon, Twitter
- Sherpalo Ventures
- Details: Sherpalo Ventures is a venture capital firm founded by Ram Shriram, one of the early investors in Google. The firm focuses on early-stage technology companies.
- Investment Focus Areas: Technology, Internet, Mobile
- Notable Investments: Google, Zazzle, Paperless Post
- Lightbox
- Details: Lightbox is a venture capital firm that invests in early-stage consumer technology companies in India. The firm aims to support innovative startups that have the potential to scale globally.
- Investment Focus Areas: Consumer Technology, E-commerce, Fintech
- Notable Investments: InMobi, Rebel Foods, Furlenco
What's Next for InMobi?
InMobi stands at the cusp of significant growth opportunities, driven by its recent $100 million debt financing from MARS Growth Capital. This funding will enable the company to deepen its AI capabilities and pursue AI-focused acquisitions, enhancing both consumer and enterprise experiences. The planned IPO in 2025 and relocation to India further highlight the company's ambitious growth trajectory.
Future fundraising opportunities appear promising, with the potential for additional funding rounds to support AI development and strategic acquisitions. The IPO will also open new avenues for capital influx, positioning InMobi for sustained growth in the competitive adtech landscape.
However, challenges such as integrating new AI technologies, maintaining a competitive edge, and navigating regulatory landscapes in India could pose hurdles. Ensuring responsible use of AI and data privacy will be crucial as InMobi continues to innovate and expand its market presence.
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